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Access Capital Closes $3MM Credit Facility with Next Move

March 25, 2021, 08:00 AM
Filed Under: Staffing Services
Related: Access Capital

Access Capital provided a $3 million credit facility for Next Move, Inc. to support the company's growth and expansion. Access Capital replaced the company’s former lender and is pleased to now serve as the new borrower’s financial partner.

Next Move, Inc. is a Kansas City, Missouri based healthcare staffing company that specializes in the placement of travel nurses at assignments throughout the Midwest. They have built a leading brand in the space by championing the continuous creation of relevant social media content, technology investments, and personalized candidate experiences.
Next Move's founder, John Nolan, is known for his ability to build solid and meaningful relationships with his clients and industry partners. His strategy for the company has enabled him to capitalize on the significant growth opportunities presented by the recent pandemic, expand Next Move's customer base to include larger medical facilities and develop additional contract placement opportunities nationally in addition to their robust Midwest market. As a result, their growth led to the need to secure a more robust and scalable working capital arrangement to support the company’s growth initiatives.

"We evaluated several options to capitalize our growth, but Access Capital clearly demonstrated their position as the right partner for flexible, growth minded staffing firms like Next Move, Inc. Their deal structure and terms were the most competitive, but ultimately it was the trust and confidence we mutually developed over the past several years that made it a clear decision. We're grateful for this partnership and very optimistic that this deal will be a needle mover for Next Move."

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